Canfor Corporation is an integrated forest products company. The Company produces softwood lumber, pulp and paper products, remanufactured lumber products, engineered wood products, wood pellets and energy. Its segments include lumber, and pulp and paper. Its lumber segment includes logging operations, and manufacturing and sale of various grades, widths and lengths of lumber, engineered wood products, wood chips and wood pellets. Its lumber operations also include a finger-joint plant, two glulam plants, a whole-log chipping plant and a trucking division. The Pulp and Paper segment consists of three northern softwood market Kraft pulp mills and the Taylor pulp mill, all of which are owned and operated by Canfor Pulp Products Inc. (CPPI) in British Columbia. Its pulp and paper segment includes purchase of residual fiber, and production and sale of pulp and paper products, including Northern Bleached Softwood Kraft and Bleached Chemi-Thermo Mechanical Pulp, as well as energy revenues.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:CFP
- CUSIP: N/A
- Web: www.canfor.com/
Capitalization:- Market Cap: C$2.56 billion
- Outstanding Shares: 132,804,000
Average Prices:- 50 Day Moving Avg: C$19.15
- 200 Day Moving Avg: C$17.36
- 52 Week Range: C$11.96 - C$20.92
P/E:- Trailing P/E Ratio: 13.39
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: C$4.29 billion
- Price / Sales: 0.60
- Book Value: C$11.81 per share
- Price / Book: 1.63
Profitability:- EBIDTA: C$584.1 million
- Net Margins: 6.88%
- Return on Equity: 17.37%
- Return on Assets: 9.28%
Misc:- Average Volume: 272,022 shs.
- Short Ratio: 18.55
Frequently Asked Questions for Canfor (TSE:CFP)
What is Canfor's stock symbol?
Canfor trades on the Tornton Stock Exchange (TSX) under the ticker symbol "CFP."
How were Canfor's earnings last quarter?
Canfor Co. (TSE:CFP) issued its earnings results on Tuesday, July, 21st. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.16 by $0.18. The firm earned $952.40 million during the quarter, compared to analyst estimates of $959 million. Canfor had a net margin of 6.88% and a return on equity of 17.37%. View Canfor's Earnings History.
When will Canfor make its next earnings announcement?
Where is Canfor's stock going? Where will Canfor's stock price be in 2017?
6 brokerages have issued 1-year price targets for Canfor's stock. Their predictions range from C$17.00 to C$24.00. On average, they expect Canfor's share price to reach C$21.00 in the next twelve months. View Analyst Ratings for Canfor.
Who are some of Canfor's key competitors?
Some companies that are related to Canfor include Vermilion Energy (VET), Altagas Ltd (ALA), First Capital Realty (FCR), Methanex (MX), Cameco Corp (CCO), Enbridgeome Fund Holdings (ENF), West Fraser Timber Co. (WFT), Air Canada (AC), BRP (DOO), Maple Leaf Foods (MFI), Finning International (FTT), Linamar (LNR), Ritchie Bros. Auctioneers (RBA), Northland Power (NPI), Winpak (WPK), Spin Master Corp (TOY), Cogeco Communications (CCA) and Peyto Exploration & Development Corp (PEY).
Who are Canfor's key executives?
Canfor's management team includes the folowing people:
- Michael J. Korenberg J.D., Independent Chairman of the Board
- Donald B. Kayne, President, Chief Executive Officer
- Alan R. Nicholl, Chief Financial Officer, Senior Vice President - Finance
- Wayne R. Guthrie, Senior Vice President - Sales & Marketing
- David M. Calabrigo QC, Senior Vice President, Corporate Development, Legal Affairs and Corporate Secretary
- Tracey Arnish, Senior Vice President - People & Culture
- Mark A. Feldinger, Senior Vice President - Energy, Environment, Transportation, Sourcing
- Patrick A. J. Elliott, Vice President, Treasurer
- Bob Hayes, Vice President - Transportation Procurement and Distribution
- Stephen Mackie, Vice President - Operations Canada
How do I buy Canfor stock?
Shares of Canfor and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Canfor's stock price today?
One share of Canfor stock can currently be purchased for approximately C$19.25.
MarketBeat Community Rating for Canfor (TSE CFP)MarketBeat's community ratings are surveys of what our community members think about Canfor and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Canfor (TSE:CFP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 1 Hold Rating, 3 Buy Ratings, 1 Strong Buy Rating |
| Consensus Rating: | Buy (Score: 2.67) |
| Consensus Price Target: | C$21.00 |
Analysts' Ratings History for Canfor (TSE:CFP)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 4/27/2017 | TD Securities | Boost Price Target | Buy | C$22.00 -> C$24.00 |  |
| 4/26/2017 | Scotiabank | Boost Price Target | Outperform | C$19.00 -> C$22.00 | |
| 4/25/2017 | Raymond James Financial, Inc. | Upgrade | Outperform -> Strong-Buy | C$24.00 | |
| 4/24/2017 | CIBC | Downgrade | Sector Outperform -> Neutral | | |
| 4/19/2017 | Royal Bank Of Canada | Downgrade | Sector Perform -> Underperform | C$17.00 | |
| 8/31/2016 | Dundee Securities | Upgrade | Neutral -> Buy | | |
| 1/22/2016 | BMO Capital Markets | Upgrade | Market Perform -> Outperform | | |
(Data available from 6/24/2015 forward)
Earnings History for Canfor (TSE:CFP)Earnings History by Quarter for Canfor (TSE CFP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/24/2017 | | | | | | | | |
| 7/21/2015 | Q2 | $0.16 | ($0.02) | $959.00 million | $952.40 million | View | Listen | |
| 7/24/2014 | | $0.37 | $0.41 | | $907.30 million | View | N/A | |
| 4/30/2014 | | $0.45 | $0.34 | | $741.90 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Canfor (TSE:CFP)2017 EPS Consensus Estimate: $1.51
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.22 | $0.28 | $0.25 |
| Q2 2017 | 2 | $0.14 | $0.53 | $0.34 |
| Q3 2017 | 2 | $0.36 | $0.73 | $0.55 |
| Q4 2017 | 2 | $0.37 | $0.39 | $0.38 |
(Data provided by Zacks Investment Research)
Dividend History for Canfor (TSE:CFP)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Canfor (TSE:CFP)Insider Trades by Quarter for Canfor (TSE:CFP)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 4/28/2017 | Mark Andrew Feldinger | Director | Sell | 4,500 | C$20.17 | C$90,765.00 | |
| 3/23/2017 | James A Pattison | Insider | Buy | 500,000 | C$17.41 | C$8,705,000.00 | |
| 2/28/2017 | James A Pattison | Insider | Buy | 328,700 | C$17.15 | C$5,637,205.00 | |
| 2/13/2017 | James A Pattison | Insider | Buy | 2,114,200 | C$16.55 | C$34,990,010.00 | |
| 3/2/2016 | James A Pattison | Director | Buy | 30,000 | C$13.78 | C$413,409.00 | |
| 2/26/2016 | James A Pattison | Director | Buy | 21,100 | C$13.56 | C$286,063.25 | |
| 5/8/2015 | Corporation Canfor | Insider | Buy | 50,000 | C$23.79 | C$1,189,630.00 | |
| 5/7/2015 | Corporation Canfor | Insider | Buy | 50,000 | C$23.37 | C$1,168,285.00 | |
| 5/6/2015 | Corporation Canfor | Insider | Buy | 50,000 | C$23.31 | C$1,165,645.00 | |
| 4/2/2015 | Corporation Canfor | Insider | Buy | 60,000 | C$24.84 | C$1,490,238.00 | |
| 4/1/2015 | Corporation Canfor | Insider | Buy | 50,000 | C$25.01 | C$1,250,285.00 | |
| 3/31/2015 | Corporation Canfor | Insider | Buy | 50,000 | C$25.17 | C$1,258,525.00 | |
| 3/27/2015 | Corporation Canfor | Insider | Buy | 40,000 | C$26.78 | C$1,071,084.00 | |
| 3/26/2015 | Corporation Canfor | Insider | Buy | 40,000 | C$26.19 | C$1,047,672.00 | |
| 3/25/2015 | Corporation Canfor | Insider | Buy | 40,000 | C$26.52 | C$1,060,884.00 | |
| 3/20/2015 | Corporation Canfor | Insider | Buy | 50,000 | C$25.41 | C$1,270,340.00 | |
| 3/13/2015 | Corporation Canfor | Insider | Buy | 50,000 | C$25.24 | C$1,261,895.00 | |
| 3/12/2015 | Corporation Canfor | Insider | Buy | 50,000 | C$25.88 | C$1,293,880.00 | |
| 3/11/2015 | Corporation Canfor | Insider | Buy | 50,000 | C$25.79 | C$1,289,735.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Canfor (TSE:CFP)
Latest Headlines for Canfor (TSE:CFP)
| Source: |
|
| Date | Headline |
|---|
 | Canfor Corp. breached its 50 day moving average in a Bullish Manner : CFP-CA : June 19, 2017
finance.yahoo.com - June 19 at 2:24 PM |
 | Canfor Co. (CFP) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 19 at 9:04 AM |
| Canfor Corp. – Value Analysis (TORONTO:CFP) : June 9, 2017
finance.yahoo.com - June 9 at 4:50 PM |
 | Softwood Lumber, Dairy, Airplanes: Can Canada’s Export Party Continue?
www.fool.ca - June 8 at 5:15 PM |
| Canfor Corp. breached its 50 day moving average in a Bearish Manner : CFP-CA : June 8, 2017
finance.yahoo.com - June 8 at 9:43 AM |
| Canada helps firms hit by U.S. lumber tax, American lobby fumes
finance.yahoo.com - June 1 at 4:48 PM |
| Canfor Co. (CFP) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - May 23 at 7:32 AM |
| Edited Transcript of CFP.TO earnings conference call or presentation 27-Apr-17 2:30pm GMT
finance.yahoo.com - April 29 at 4:52 PM |
| Insider Selling: Canfor Co. (CFP) Director Sells 4,500 Shares of Stock
www.americanbankingnews.com - April 28 at 7:26 PM |
| Canfor Co. (CFP) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - April 28 at 10:32 AM |
| Canfor Co. (CFP) PT Raised to C$24.00
www.americanbankingnews.com - April 27 at 8:38 PM |
| Canfor Co. (CFP) Price Target Raised to C$22.00
www.americanbankingnews.com - April 26 at 4:40 PM |
 | Trudeau vows to defend Canada interests as U.S. targets lumber, Canadian dollar falls
www.reuters.com - April 26 at 3:56 PM |
| Canfor Reports Results for First Quarter of 2017
finance.yahoo.com - April 26 at 3:56 PM |
| Research Reports Initiated on Basic Materials Stocks: West Fraser Timber, Canfor, Western Forest Products, and Interfor
finance.yahoo.com - April 26 at 3:56 PM |
| Canada reports progress with U.S. on lumber, deal not in sight
finance.yahoo.com - April 26 at 3:56 PM |
| ETFs with exposure to Canfor Corp. : April 26, 2017
finance.yahoo.com - April 26 at 3:56 PM |
| Raymond James Financial, Inc. Upgrades Canfor Co. (CFP) to "Strong-Buy"
www.americanbankingnews.com - April 25 at 9:30 PM |
 | Shares of Canadian lumber companies rally as Trump moves to levy tariffs
www.marketwatch.com - April 25 at 12:17 PM |
| Trudeau vows to defend Canada interests as U.S. targets lumber
www.reuters.com - April 25 at 12:17 PM |
| CIBC Downgrades Canfor Co. (CFP) to Neutral
www.americanbankingnews.com - April 24 at 1:20 PM |
| Canfor Co. (CFP) Downgraded by Royal Bank of Canada to Underperform
www.americanbankingnews.com - April 19 at 11:27 AM |
| Contrarian Investors: Can Canfor Corporation Become Great Again?
www.fool.ca - April 14 at 4:09 PM |
| EACOM Announces Complete Acquisition of Anthony-EACOM
finance.yahoo.com - March 31 at 9:28 PM |
| Insider Buying: Canfor Co. (CFP) Insider Buys 500,000 Shares of Stock
www.americanbankingnews.com - March 24 at 4:23 PM |
| Canfor Announces Renewal of Normal Course Issuer Bid
finance.yahoo.com - March 2 at 9:29 PM |
 | Canfor Corporation: Money Does Grow On Trees
seekingalpha.com - February 21 at 2:26 PM |
| Edited Transcript of CFP.TO earnings conference call or presentation 9-Feb-17 4:00pm GMT
finance.yahoo.com - February 10 at 2:36 AM |
| Q4 2016 Canfor Corp and Canfor Pulp Products Inc Earnings Release - Time Not Supplied
biz.yahoo.com - February 9 at 4:33 PM |
 | Wednesday's TSX breakouts: This stock has doubled in value with a forecast for a further 85% gain - The Globe and Mail
www.theglobeandmail.com - February 9 at 2:35 AM |
| Canfor Reports results for fourth quarter of 2016
finance.yahoo.com - February 8 at 9:34 PM |
| Trump Administration Energy Policies: How Will They Affect Energy Infrastructure? - Seeking Alpha
seekingalpha.com - January 27 at 5:35 PM |
| U.S. makes early finding of injury from some softwood lumber from Canada
finance.yahoo.com - January 6 at 4:39 PM |
Canfor (CFP) Chart for Saturday, June, 24, 2017
